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It’s the black gold of Permian Basin crude from West Texas that fuels the battle between Big Oil giants Chevron Corporation (NYSE: CVX) and Exxon Mobil Corporation (NYSE: XOM), but for Barclays.....»»

West Texas’s Permian Basin is the key driver for shares of both Chevron Corp. and Exxon Mobil Corp., but Chevron has an edge over Exxon due to its “superior” cash position, analysts at Barclays say......»»

West Texas’s Permian Basin is the key driver for shares of both Chevron Corp. and Exxon Mobil Corp., but Chevron has an edge over Exxon due to its “superior” cash position, analysts at Barclays say......»»

Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) spent $6.6 billion in capital expenditures and decreased debt by $1.2 billion during the third quarter. That was driven in part by significant growth in the company’s Permian Basin production, where .....»»

Exxon Mobil Corp. has overtaken rivals to become the most active driller in the Permian Basin, showing the urgency with which the world’s biggest oil company by market value is pursuing U.S. shale......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

An Exxon employee alleges that the company overvalued a key oil and gas property in Texas' Permian Basin, according to the Wall Street Journal. Kena Betancur/VIEWpress/Corbis via Getty Images .....»»

Exxon Slides After SEC Launches Probe Into Permian Basin Valuation .....»»

WPX Energy Inc said on Monday it would buy privately held Felix Energy in a $2.5 billion deal, as the Permian basin operator looks to add oil-rich acreage in the Delaware region of the prolific shale field, sending its shares up more than 9%......»»

U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in the world's biggest shale field......»»

Exxon and Chevron have filed for hundreds of new drilling permits in the Permian Basin so far this year. Are the majors about to squeeze the independents out of the country's most productive oil play?.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects......»»

Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Exxon Mobil Corp. plans to reduce the cost of pumping oil in the Permian to about $15 a barrel, a level only seen in the giant oil fields of the Middle East......»»

Exxon Mobil announced Thursday that it had made another oil discovery in the deepwater basin offshore of Guyana. This is the ninth discovery in the Stabroek region where an Exxon subsidiary owns a........»»

The pipeline company is expanding its footprint in the fast-growing Permian Basin......»»

Exxon Mobil Bets Big On Permian Bonanza.....»»